Q&A: Rebecca Dacre, Milton Keynes Managing Partner, discusses new global network

With a projected $5 billion global network, Forvis Mazars is not just another partnership; it is the largest new entrant in the global rankings in decades. With only two member firms, the structure allows the firm to remain agile at scale, a unique position in the accountancy sector.

Milton Keynes Office Managing Partner, Rebecca Dacre, dives into what the impact of this move means for our clients, people, the local market and beyond.

What does this new partnership mean for clients in Milton Keynes?

The launch of our new network, Forvis Mazars, is tremendously exciting. Our same local team now has an extended global reach, and by leveraging these new global connections alongside our local expertise, we will have an even greater impact in the marketplace across Milton Keynes. Our new colleagues in the US share a similar focus with serving privately owned businesses, which account for over 70% of their client base. With a projected global revenue of $5 billion, we're bringing unprecedented resources and expertise to our clients, the region and beyond.

How will the strengthened presence in the United States benefit firms in Milton Keynes?

Our strengthened foothold across the Atlantic is particularly exciting as it provides expertise on-the-ground to better guide local firms looking to expand or establish operations in the US. We are now equipped to provide more comprehensive support for transatlantic business operations, a critical advantage for many of our growing local clients. Our capabilities include evaluating potential locations, gaining insights into market dynamics, and identifying opportunities within what could otherwise be a complex landscape.

Moreover, there are improved avenues for exit planning and risk mitigation strategies. With our expanded reach, we can connect clients with a broader pool of potential buyers and facilitate access to overseas investment, assisting in the acceleration of growth trajectories whilst providing them with the ability to de-risk strategically.

Can you explain how the unique two-firm structure of Forvis Mazars will benefit your clients?

Unlike many others in the market that must agree interests of hundreds of separate legal entities, decision-making at Forvis Mazars can be streamlined due to only comprising two member firms. This means we can adapt quickly to the changing needs of our clients, enhance resources and retain a sharp focus on client service and strategic initiatives. In today's fast-paced business environment, this agility is crucial, especially for the innovative and dynamic companies in Milton Keynes.

What specific benefits can businesses in Milton Keynes expect in terms of service offerings?

We closely monitor local market conditions, emerging industry trends and macroeconomic impacts to tailor our advice to clients and their distinct needs. This capability will be further strengthened by the depth and breadth of our knowledge and expertise that our expanded network offers. Through seamless collaboration with subject matter experts across the globe, we can help our clients gain a competitive edge in their sector.

Above all, we are committed to delivering an outstanding client experience. What drew us to create Forvis Mazars was the strong focus on client service: we are committed to delivering an unmatched client experience that is responsive, personal and feels right for each client’s needs. This combined expertise and client-centric commitment of FORVIS and Mazars positions us to deliver a distinct service to the market.

How does this partnership impact career development for your team in Milton Keynes?

The network opens up exciting prospects for our team.  They will have the chance to advance their professional growth through knowledge sharing across our expanded network, cross-border collaborations, and potential secondment opportunities with our US counterparts – all while remaining deeply embedded within the dynamic regional business landscape. This global exposure will sharpen their skills, and ultimately translate into enhanced service provision for our local clients.

We look forward to developing even stronger relationships with our colleagues in the US and providing our team in Milton Keynes with new opportunities as a result.

How have clients in Milton Keynes responded to the news of this partnership?

Our clients have welcomed the news of the network with great enthusiasm. They value the combination of having a global network backed with robust local expertise and insight, seeing it as a distinct proposition. They also appreciate that there are no immediate changes: there’s continuity in the teams they work with and the services we offer. While the benefits will be realised over time, they are expected to consistently enhance the overall client experience in a tangible manner.

In summary, what's your message about Forvis Mazars and the future?

Forvis Mazars blends global scale with local knowledge. We're excited to embark on this new chapter alongside our clients, equipping them with the insights and strategies necessary to prepare for what’s next in their business journey. Whether your aspirations lie in growing globally or strengthening your local operations, we now have even more resources and expertise to support your ambitions.

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